Date: 18-May-26, Mon, All Day Currency: Holiday Importance: - Forecast: - Previous: - Notes: Victoria Day is a Canadian public holiday. Local market closures can reduce CAD liquidity, especially during North American trading hours, and leave CAD crosses more sensitive to U.S. data and broader risk sentiment. Learn More: Legacy

Date: 19-May-26, Tue, 5:20 IST Currency: JPY Importance: 3 Forecast: Link Previous: 0.30% Notes: Japan GDP measures the inflation-adjusted change in economic output and is the broadest snapshot of domestic activity. A stronger Q1 reading can support JPY through firmer growth expectations, while weakness may keep attention on cautious policy normalization. Learn More: USDJPY EURJPY

Date: 19-May-26, Tue, 11:30 IST Currency: GBP Importance: 3 Forecast: Link Previous: 3.80% Notes: Average Earnings including bonuses tracks wage growth in the UK labor market. Stronger pay growth can support GBP by keeping services inflation and Bank of England policy expectations firm, while softer wage momentum can weigh on rate expectations. Learn More: GBPJPY GBPUSD

Date: 20-May-26, Wed, 11:30 IST Currency: GBP Importance: 3 Forecast: Link Previous: 3.30% Notes: UK CPI year-over-year is a key inflation input for Bank of England expectations. A sticky annual reading can support GBP through higher rate expectations, while a softer print may reinforce disinflation confidence. Learn More: GBPJPY GBPUSD

Date: 20-May-26, Wed, 11:30 IST Currency: GBP Importance: 3 Forecast: Link Previous: 0.70% Notes: The monthly UK CPI print gives a timely read on near-term inflation momentum. Upside surprises can lift GBP if markets price a more restrictive BoE path, while downside surprises can pressure sterling. Learn More: GBPJPY GBPUSD

Date: 20-May-26, Wed, 14:30 IST Currency: EUR Importance: 3 Forecast: Link Previous: 3.00% Notes: Euro-area CPI year-over-year is central to European Central Bank policy expectations. A stronger inflation reading can support EUR by keeping rate expectations firm, while softer inflation can weigh on front-end yields. Learn More: EURJPY EURUSD

Date: 21-May-26, Thu, 14:00 IST Currency: GBP Importance: 3 Forecast: Link Previous: 52.7 Notes: The UK Services PMI tracks business activity in the largest part of the UK economy. A reading above 50 signals expansion; a stronger print can support GBP, while weakness can point to softer domestic demand. Learn More: GBPJPY GBPUSD

Date: 21-May-26, Thu, 14:00 IST Currency: GBP Importance: 3 Forecast: Link Previous: 53.7 Notes: The UK Manufacturing PMI measures factory-sector activity and new orders. A stronger reading can support GBP by signaling resilient output, while a softer print can revive concern about industrial momentum. Learn More: GBPJPY GBPUSD

Date: 21-May-26, Thu, 14:00 IST Currency: GBP Importance: 3 Forecast: Link Previous: 52.6 Notes: The Composite PMI combines manufacturing and services activity into a broad private-sector signal. Readings above 50 indicate expansion; upside surprises can support GBP and downside surprises can weigh on growth expectations. Learn More: GBPJPY GBPUSD

Date: 21-May-26, Thu, 18:00 IST Currency: USD Importance: 3 Forecast: Link Previous: 26.7 Notes: The Philadelphia Fed Manufacturing Index measures regional business conditions among manufacturers. A reading above zero signals improving conditions, and stronger results can support USD through firmer growth expectations. Learn More: USDJPY EURUSD

Date: 21-May-26, Thu, 18:00 IST Currency: USD Importance: 3 Forecast: Link Previous: - Notes: Initial Jobless Claims measures first-time filings for unemployment insurance and is one of the timeliest U.S. labor indicators. Higher claims are generally negative for USD, while lower claims can support the currency. Learn More: USDJPY EURUSD

Date: 21-May-26, Thu, 19:15 IST Currency: USD Importance: 3 Forecast: Link Previous: 54.5 Notes: The U.S. Manufacturing PMI is a forward-looking survey of factory activity. A reading above 50 signals expansion; stronger activity can support USD, while softer momentum can weigh on growth-sensitive rate pricing. Learn More: USDJPY EURUSD

Date: 21-May-26, Thu, 19:15 IST Currency: USD Importance: 3 Forecast: Link Previous: 51 Notes: The U.S. Services PMI tracks business activity across the services sector, the largest share of U.S. output. A stronger print can support USD through resilient demand expectations, while weakness may pressure yields. Learn More: USDJPY EURUSD

Date: 22-May-26, Fri, 11:30 IST Currency: EUR Importance: 3 Forecast: Link Previous: 0.30% Notes: German GDP is a key read on euro-area growth because Germany is the bloc's largest economy. A stronger Q1 print can support EUR through better growth expectations, while weakness can weigh on regional sentiment. Learn More: EURJPY EURUSD

Date: 22-May-26, Fri, 11:30 IST Currency: GBP Importance: 3 Forecast: Link Previous: 1.70% Notes: Core Retail Sales excluding fuel provides a cleaner year-over-year signal for UK household spending. A stronger reading can support GBP by pointing to resilient consumer demand, while a softer print can highlight pressure on real incomes. Learn More: GBPJPY GBPUSD

Date: 22-May-26, Fri, 11:30 IST Currency: GBP Importance: 3 Forecast: Link Previous: 0.20% Notes: The monthly core retail sales reading strips out volatile fuel spending and helps isolate underlying consumption trends. A firm print can support GBP, while weakness can point to softer domestic demand. Learn More: GBPJPY GBPUSD

Date: 22-May-26, Fri, 11:30 IST Currency: GBP Importance: 3 Forecast: Link Previous: 0.70% Notes: UK Retail Sales measures monthly consumer spending at the retail level. A stronger release can support GBP through better growth expectations, while a weak print can weigh on sterling and highlight demand softness. Learn More: GBPJPY GBPUSD

Date: 17-Jun-26, Wed, 23:30 IST Currency: USD Importance: 3 Forecast: CME FedWatch Tool Previous: 3.63% Notes: The Federal Reserve Interest Rate Decision remains the key medium-term USD catalyst. The 17 June 2026 meeting will reset expectations for policy guidance, the rate path and near-term risk sentiment. This appears as the next Fed decision in this calendar sequence. Learn More: USDJPY EURUSD